Hyperledger greenhouse is one of those blockchain technology projects that incubates and promotes diverse business distributed ledger frameworks. A distributed ledger essentially is a digital database shared across multi-party participants with no central or third-party dependence.
Distributed ledgers can serve different use cases for different requirements. For instance, when participants within a blockchain network may need to share high levels of trust, like between financial institutions with legal agreements. A permissioned blockchain-powered distributed ledger here can add blocks to the chain with low latency by employing a rapid consensus algorithm. While on the other hand, when there is minimal trust required between participants in a blockchain, slower processing for added security is tolerable.
Hyperledger successfully enables the embracement of a full spectrum of diverse DLT like blockchain use cases. Visit hyperledger blockchain application development to explore a few of the open-source distributed ledger frameworks hosted at Hyperledger.